Saturday, August 4, 2007

Money: The Dollar's Depths, Explained - US News and World Report

USNews and World Report has an interesting "interview" with Columbia Business School Finance ProfessorRobert Hodrick on the dollar and forex. Money: The Dollar's Depths, Explained - US News and World Report: "...the U.S. current account deficit is about $800 billion a year, which means every business day we buy in excess of $3 billion of foreign goods and services more than foreigners buy here.US

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